Confluence Wealth Services Inc. Purchases 8,984 Shares of iShares National Muni Bond ETF $MUB

Confluence Wealth Services Inc. grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,906 shares of the exchange traded fund’s stock after purchasing an additional 8,984 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares National Muni Bond ETF were worth $9,844,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MUB. Brookstone Capital Management boosted its stake in iShares National Muni Bond ETF by 31.5% during the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after buying an additional 31,324 shares in the last quarter. Advyzon Investment Management LLC boosted its stake in iShares National Muni Bond ETF by 18.1% during the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after buying an additional 6,349 shares in the last quarter. Allen Capital Group LLC boosted its stake in iShares National Muni Bond ETF by 121.7% during the third quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock worth $1,215,000 after buying an additional 6,265 shares in the last quarter. First Horizon Corp acquired a new stake in iShares National Muni Bond ETF during the third quarter worth $3,365,000. Finally, BIP Wealth LLC boosted its stake in iShares National Muni Bond ETF by 171.2% during the third quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock worth $7,577,000 after buying an additional 44,917 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

MUB opened at $107.31 on Thursday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The firm’s fifty day moving average price is $107.27 and its two-hundred day moving average price is $107.27.

About iShares National Muni Bond ETF

iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.